Fair Value Measurements (Tables)

9 Months Ended

Oct. 30, 2021

Fair Value Measurements [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and Liabilities Measured at Fair Value on a Recurring Basis

($ in millions)	As of October 30, 2021						As of October 31, 2020
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Minority investment in common stock		118		—		—		—		—		—
Available-for-sale security		—		7		—		—		7		—
Total Assets	$	118	$	7	$	—	$	—	$	7	$	—
Liabilities
Foreign exchange forward contracts		—		1		—		—		—		—
Total Liabilities	$	—	$	1	$	—	$	—	$	—	$	—

Carrying Value and Estimated Fair Value of Long-Term Debt

The carrying value and estimated fair value of long-term debt were as follows:

($ in millions)	October 30, 2021		October 31, 2020
Carrying value (1)	$	492	$	120
Fair value	$	497	$	129

(1) The carrying value of debt as of October 30, 2021 reflects $6 million of issuer’s discount and costs related to the Senior Notes due 2029.